100% up to $500
Frequently Asked Questions
What is bankroll management in sports betting?
Betting bankroll management is the practice of allocating a gambling budget, adhering to it and making good picks when placing bets. You simply set aside the amount of money you are willing to spend on bets and then use it strategically.
What’s the importance of bankroll management?
Proper bankroll management protects you from any betting habits that could lead to harmful gambling behaviours. It capitalises on strategies that suggest the right bet amount to lower the risk of losing too much money. You won’t chase losses or bet without a plan if you employ a bankroll management strategy.
How much money should I bet to be safe?
The amount of money you should bet will depend on things like the strategy you are using and your confidence level. All in all, it’s advisable to bet 1% to 2% of your bankroll if you are conservative. If you can bear an average amount of risk, then you can bet 3% of your bankroll. Highly confident risk-takers can bet between 4% and 5% of their bankrolls.